Amir Chand Jagdish Kumar (Exports) Limited, a rice miller and exporter, has issued a clarification to BSE Limited regarding recent significant movement in its share price. The company's response came following a surveillance inquiry from the stock exchange dated April 9, 2026.

Company's Response to Price Movement Query

In its official communication dated April 10, 2026, the company addressed BSE's concerns about the notable price movement in its securities. Company Secretary and Compliance Officer Sadhna Khurana signed the response, clarifying the company's position on the matter.

Key Clarifications Provided

The company made several important clarifications in its response to the exchange:

• No Control Over Share Price: The company explicitly stated it has no control over share price movements or price fluctuations
• No Material Events: Management confirmed that no events have occurred that would trigger disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015
• Regulatory Compliance: The company reaffirmed its commitment to follow all disclosure regulations and immediately inform stock exchanges as required by law

BSE Surveillance Inquiry Background

BSE's surveillance team had noted significant movement in the company's share price and sought clarification under regulatory requirements. The exchange reminded the company of its obligations under Regulation 30 of SEBI (LODR) Regulations, 2015, which requires listed companies to disclose all events and information that may impact company operations or performance.

Company Profile

Amir Chand Jagdish Kumar (Exports) Limited operates as an ISO 22000:2018 certified organization and holds Super Star Trading House status. The company specializes in rice milling and exports, with operations across multiple locations in Delhi, Amritsar, and Safidon. The company markets its products under the Aeroplane Basmati Rice brand and maintains its registered office in Delhi.

Regulatory Commitment

The company concluded its response by reiterating its commitment to transparency and regulatory compliance. Management assured stakeholders that it will continue to inform stock exchanges about any price-sensitive information as required under SEBI regulations, maintaining its adherence to all listing obligations and disclosure requirements.

Amir Chand Jagdish Kumar (Exports) Ltd. has announced that its board of directors has approved a proposal to establish a subsidiary in Singapore, marking a significant step in the company's international expansion strategy. The decision was made during a board meeting held on April 08, 2026, as part of the company's strategic growth initiatives.

Strategic Expansion Initiative

The proposed Singapore subsidiary will serve dual strategic purposes for the specialty rice exporter. The facility is designed to act as a strategic hub for expanding the company's specialty rice portfolio while simultaneously enhancing its international trade operations. This expansion aligns with the company's focus on strengthening its presence in international markets.

Board Meeting Details

During the board meeting, Mr. Rahul Suri has been specifically authorized to pursue the establishment of the subsidiary, indicating the company's commitment to moving forward with this international expansion plan.

Regulatory Compliance

The company has emphasized that the subsidiary establishment remains subject to necessary approvals and regulatory compliances. This disclosure has been made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and regulatory authorities.

Corporate Governance

The announcement was formally communicated to both BSE Limited and National Stock Exchange of India Limited, with the company trading under symbols 544743 and AMIRCHAND respectively. Company Secretary and Compliance Officer Sadhna Khurana (Membership number: A24534) has overseen the regulatory disclosure process, with the information also being hosted on the company's website at aeroplanerice.com.